1316 NW 3rd St new Save Request In-Person Tour Request Virtual Tour
Fort Lauderdale,FL 33311
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,250 sqft
Price per Sqft $4,320
Subdivision Seminole Forest
MLS Listing ID A11858426
Style Fourplex
HOA Fees $250/mo
Year Built 2008
Annual Tax Amount $5,580
Tax Year 2024
Property Sub-Type Quadruplex
Property Description
Exceptional investment opportunity featuring 17 stabilized, fully leased townhomes within a 38-unit residential community in Fort Lauderdale, FL. Most units include newer central A/C systems for long-term durability and tenant satisfaction. Mix of 1-car and 2-car garages enhances tenant appeal and functionality. Seller holds valuable Builder Rights, granting full control over the HOA and strategic influence over community operations. Tenants pay for their own water and electricity, providing operational efficiency and reduced owner expenses. Strong in-place rental income, minimal management requirements, and a prime location near major highways, schools, shopping, and vibrant Downtown Fort Lauderdale.
Location
State FL
County Broward
Community Seminole Forest
Area 3460
Interior
Heating Central
Cooling Central Air,Ceiling Fan(s)
Flooring Vinyl
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Other
Building
Lot Description <1 Acre
Story 2
Sewer Public Sewer
Structure Type Block
Others
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11858426